BTC Ready for $50,000?
BTC has broken the high trendline and is currently backtesting.
A move lower could put us into the bottoming pattern previously discussed.
However, this could be the start of an impulse towards the $50-$60,000 range.
Timing of previous highs would put this high sometime Jan 16/17th.
That would make somewhere between the 17th and 21st the period of a major BTC pullback of 50++% (I still am hung up on $18,800)
Huge potential of major swings in the coming 10 days.
#buckleup
A move lower could put us into the bottoming pattern previously discussed.
However, this could be the start of an impulse towards the $50-$60,000 range.
Timing of previous highs would put this high sometime Jan 16/17th.
That would make somewhere between the 17th and 21st the period of a major BTC pullback of 50++% (I still am hung up on $18,800)
Huge potential of major swings in the coming 10 days.
#buckleup
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.